The China Securities Regulatory Commission, the top securities regulator, vowed in September to establish the system for securities class action with Chinese characteristics, as part of its efforts to strengthen investor protection.
The China Law Society has been paying attention to this issue. It has helped legal and economic professionals from home and abroad to increase communication platforms in recent years.
The China-US trade tensions and the nation's deleveraging moves could have also affected the stock-market sentiment, Li said.
The Chinese economy has huge development potential. We should take the right measures, seize opportunities in all industries and invest more to make full use of homegrown technologies.
The ChiNext Index, China's NASDAQ-style board of growth enterprises, rose 3.98 percent to close at 1,760.89 points.
The Chinese leadership has pledged to win the battle against poverty in less than three years. According to the plan, by the year 2020, all rural residents will have been lifted out of poverty.
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The Chinese and US governments have stepped up efforts to fix the problem beginning in 2012. Chinese regulators began to allow representatives of US regulators to observe their inspections of related Chinese auditing firms, and the two parties signed a memorandum of understanding in 2013.
The China-US relations maintained overall stability and achieved significant progress in 2017, said Xi.
The California-based biopharmaceutical firm got approval of seven innovative medicines from the National Medical Products Administration within two years-an unexpectedly good result for international biopharmaceutical firms.
The Chinese government has announced its baseline for its territorial waters around Xisha Islands in 1996, yet the US side continues to send warships to trespass and provoke in Chinese territorial waters.